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Employer E-News Archive — 2024
… Estimated Invoice is Available to View Benefit Comparison Charts by Tier for ERS and PFRS Set Up Your Enhanced Reporting … Contact Information with NYSLRS New Contribution Rates for Tier 6 Members Reminder for Contribution Stabilization …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024State Agencies Bulletin No. 680
… in each of the last three years prior to normal retirement age, has been increased to $15,500, for a combined maximum … 2007. An additional deferment is available to employees age 50 and over. These employees can defer up to $5,000 in … Questions Questions regarding Deferred Compensation deductions and catch-up plans may be directed to the NYS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/680-change-maximum-deferred-compensation-contribution-limits-calendar-yearWorld Trade Center Presumption – Basic Plan with Increased-Take-Home-Pay (ITHP)
… World Trade Center rescue, recovery or cleanup efforts, and you were employed by a participating employer of NYSLRS … benefits provided by the World Trade Center Presumption law. 1 You may be eligible for an accidental disability retirement benefit if you become …
https://www.osc.ny.gov/retirement/publications/1511/world-trade-center-presumptionState Agencies Bulletin No. 1009
… Service Employees Association (CSEA) and provides for a new Longevity Lump Sum payment beginning October 2010. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1009-october-2010-civil-service-employees-association-csea-longevity-lumpState Agencies Bulletin No. 796
… Taxes Deductions will be taken for Federal, State, New York City and Yonkers City taxes, Social …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/796-april-2008-public-employees-federation-pef-longevity-lump-sum-llsState Agencies Bulletin No. 972
… processing of the LLS payment and to provide instructions for payments not processed automatically. Affected Employees … than the Job Rate of the lower grade and whose salary upon application of the October 2009 or April 2010 Performance … for LLS based on the reason the demotion occurred. Retirement and Overtime Calculation Information The LLS is a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/972-april-2010-public-employees-federation-pef-longevity-lump-sum-paymentElection Form for 20 Year Retirement Plan Section 384-d (PF5117)
To elect membership under Section 384-d (if an employer has adopted it), which permits retirement after 20 years of creditable service, firefighters, police or officers of fire departments or police departments use form PF5117.
https://www.osc.ny.gov/files/retirement/forms/pdf/pf5117.pdfElection Form for 25 Year Retirement Plan Section 384 (PF5095)
To elect to contribute under Section 384 (if an employer has adopted it), which permits retirement after 25 years of creditable service, firefighters, police or officers of fire departments or police departments use form PF5095.
https://www.osc.ny.gov/files/retirement/forms/pdf/pf5095.pdfGeneral Investment Policies for the New York State Common Retirement Fund
Intended to provide a framework for the operation of the Fund and to reflect the strategies and principles adopted by the Comptroller.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/general-investment-policies.pdfRetiree Annual Statement
… Annual Statement provides a year-end summary of your pension payments for the last calendar year, including the … Retirement Online sooner than printed copies are mailed—we will notify you by email when your Statement is available. … your Statement: Sign in to Retirement Online . Look under My Account Summary . Click View My Retiree Annual Statement …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementTier Status – New Career Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you … on their retirement plan election. There is no Tier 4 in the New York State and Local Police and Fire Retirement …
https://www.osc.ny.gov/retirement/publications/1515/tier-statusDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… for allegedly stealing more than $65,000 in New York state pension payments meant for a deceased acquaintance. Christy … Walsh died in December 2012 and at the time of death the pension payments should have stopped. Instead, her death was … determined that Gibson used the joint account to pay for entertainment and food. Gibson also made electronic …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsArea #4 – Contracts and Service Level Agreements for IT Services – Information Technology Governance
… if you contract with an IT vendor to administer patch management with the goal of ensuring that patches and updates …
https://www.osc.ny.gov/local-government/publications/it-governance/area-4-contracts-and-service-level-agreements-it-servicesWorld Trade Center Presumption – Special 20- and 25-Year Plans
… Trade Center (WTC) rescue, recovery or cleanup efforts, and you were employed by a participating employer of NYSLRS … benefits provided by the World Trade Center Presumption law. You may be eligible for an accidental disability retirement benefit if you become …
https://www.osc.ny.gov/retirement/publications/1517/world-trade-center-presumptionEmployer Projected Invoice
… assigns the Billing Security Role to contacts who need to view billing information. Retirement Online works … an estimated maximum amount to amortize, regardless of whether you participate in the Contribution Stabilization … for their unused, unpaid sick leave at retirement. Regular Pension Contribution The Regular Pension Contribution is …
https://www.osc.ny.gov/retirement/employers/employer-projected-invoiceTown of Sardinia – Tax Relief Rebate Program (2014M-189)
… audit was to review the Town’s tax relief rebate program for the period August 1, 2013 through June 3, 2014. … property tax relief payment. Budgeted appropriations for 2014 total approximately $1.8 million. Key Findings We … legislation and without clarifying eligibility and the application process. Review and approve all claims for …
https://www.osc.ny.gov/local-government/audits/town/2014/11/14/town-sardinia-tax-relief-rebate-program-2014m-189Division of Housing and Community Renewal Bulletin No. DH-49
… Rent Regulation Services Unit (RRSU) and provides for a new Longevity Lump Sum payment beginning April 2010. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-49-october-2010-rent-regulation-services-unit-rrsuMonitoring the Green Innovation Grant Program
… Green stormwater infrastructure includes a wide array of practices, at multiple scales, that manage wet weather and … green infrastructure is the preservation and restoration of natural landscape features, such as forests, floodplains, … with requirements for project maintenance, signage, and, when applicable, performance monitoring consistent with their …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/monitoring-green-innovation-grant-programAvailable Options – Non-Contributory Plan with Guaranteed Benefits
… the same monthly amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … to one-half of the amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsOther Bulletin No. 20
… code must be evaluated and if an update is required, the new increment code must continue to reflect payment … results in a salary below the Job Rate of the grade of the new position) effective after receiving the April 2014 SCF … OSC will accept a photocopy of this form along with a new Report of Check Exchange. Questions Questions regarding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-20-april-2014-state-university-construction-fund-scf-civil